10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-13-211456 |
| Period End Date | 20130331 |
| Filing Date | 20130509 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | glt-20130331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$76.44M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$97.68M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$24.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$38.28M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$139.90M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$157.09M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$222.37M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$221.11M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$58.91M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$46.14M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$518.86M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$500.78M | USD | Point-in-time |
| Plant, equipment and timberlands, net |
PropertyPlantAndEquipmentNet
|
$621.19M | USD | Point-in-time |
| Plant, equipment and timberlands, net |
PropertyPlantAndEquipmentNet
|
$617.65M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$102.94M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$106.19M | USD | Point-in-time |
| Total assets |
Assets
|
$1.22B | USD | Point-in-time |
| Total assets |
Assets
|
$1.24B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$125.81M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$133.39M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$4.34M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$3.90M | USD | Point-in-time |
| Environmental liabilities |
AccruedEnvironmentalLossContingenciesCurrent
|
$125.00K | USD | Point-in-time |
| Environmental liabilities |
AccruedEnvironmentalLossContingenciesCurrent
|
$125.00K | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$113.49M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$98.84M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$229.12M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$250.91M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$250.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$250.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$62.05M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$59.25M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$140.35M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$141.62M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$703.31M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$680.00M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$544.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$544.00K | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$52.49M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$52.07M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$830.88M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$819.59M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-163.97M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-155.09M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-171.66M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-166.74M | USD | Point-in-time |
| Shareholders' equity before treasury stock |
StockholdersEquityBeforeTreasuryStock
|
$711.85M | USD | Point-in-time |
| Shareholders' equity before treasury stock |
StockholdersEquityBeforeTreasuryStock
|
$708.66M | USD | Point-in-time |
| Less cost of common stock in treasury |
TreasuryStockValue
|
$167.22M | USD | Point-in-time |
| Less cost of common stock in treasury |
TreasuryStockValue
|
$168.98M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$539.68M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$544.62M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.24B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.22B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueGoodsNet
|
$405.19M | USD | 1 Quarter |
| Net sales |
SalesRevenueGoodsNet
|
$397.35M | USD | 1 Quarter |
| Energy and related sales, net |
EnergyAndRelatedSalesNet
|
$1.10M | USD | 1 Quarter |
| Energy and related sales, net |
EnergyAndRelatedSalesNet
|
$1.86M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$406.29M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$399.21M | USD | 1 Quarter |
| Costs of products sold |
CostOfGoodsSold
|
$338.24M | USD | 1 Quarter |
| Costs of products sold |
CostOfGoodsSold
|
$348.92M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$60.97M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$57.38M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$33.49M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$29.97M | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$73.00K | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$37.00K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$23.96M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$31.04M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.27M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$3.84M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$123.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$102.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$247.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$196.00K | USD | 1 Quarter |
| Total non-operating income (expense) |
NonoperatingIncomeExpense
|
$-3.49M | USD | 1 Quarter |
| Total non-operating income (expense) |
NonoperatingIncomeExpense
|
$-3.95M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$20.47M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$27.09M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$4.84M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$8.21M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.63M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$18.88M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.44 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.36 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.43 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.36 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.09 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
42.75M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
42.97M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
43.47M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
43.92M | shares | 1 Quarter |
Cash Flow Statement
65 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$15.63M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$18.88M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$17.09M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$15.36M | USD | 1 Quarter |
| Amortization of debt issue costs and original issue discount |
AmortizationOfFinancingCostsAndDiscounts
|
$327.00K | USD | 1 Quarter |
| Amortization of debt issue costs and original issue discount |
AmortizationOfFinancingCostsAndDiscounts
|
$304.00K | USD | 1 Quarter |
| Pension expense, net of unfunded benefits paid |
PensionExpense
|
$2.79M | USD | 1 Quarter |
| Pension expense, net of unfunded benefits paid |
PensionExpense
|
$3.58M | USD | 1 Quarter |
| Deferred income tax provision (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-955.00K | USD | 1 Quarter |
| Deferred income tax provision (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$906.00K | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnDispositionOfAssets
|
$37.00K | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnDispositionOfAssets
|
$73.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.63M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.88M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$13.33M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$19.48M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$9.73M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$2.10M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-8.88M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.71M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-1.99M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.33M | USD | 1 Quarter |
| Environmental matters |
PaymentsForEnvironmentalLiabilities
|
$13.00K | USD | 1 Quarter |
| Environmental matters |
PaymentsForEnvironmentalLiabilities
|
$13.00K | USD | 1 Quarter |
| Accruals and other current liabilities |
AccrualsAndOtherCurrentLiabilities
|
$-16.43M | USD | 1 Quarter |
| Accruals and other current liabilities |
AccrualsAndOtherCurrentLiabilities
|
$-14.51M | USD | 1 Quarter |
| Cellulosic biofuel and alternative fuel mixture credits |
IncomeTaxCreditsAndAdjustments
|
$5.69M | USD | 1 Quarter |
| Cellulosic biofuel and alternative fuel mixture credits |
IncomeTaxCreditsAndAdjustments
|
$7.40M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$497.00K | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$697.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$9.74M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$15.79M | USD | 1 Quarter |
| Expenditures for purchases of plant, equipment and timberlands |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.15M | USD | 1 Quarter |
| Expenditures for purchases of plant, equipment and timberlands |
PaymentsToAcquirePropertyPlantAndEquipment
|
$31.39M | USD | 1 Quarter |
| Proceeds from disposals of plant, equipment and timberlands, net |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$49.00K | USD | 1 Quarter |
| Proceeds from disposals of plant, equipment and timberlands, net |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$73.00K | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$175.00K | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-31.49M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-14.10M | USD | 1 Quarter |
| Net repayments of revolving credit facility |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-5.00M | USD | 1 Quarter |
| Net repayments of revolving credit facility |
ProceedsFromRepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Payments of note offering costs |
PaymentsOfDebtIssuanceCosts
|
$108.00K | USD | 1 Quarter |
| Repurchase of common stocks |
PaymentsForRepurchaseOfCommonStock
|
$1.20M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividendsCommonStock
|
$3.90M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividendsCommonStock
|
$3.90M | USD | 1 Quarter |
| (Payments) proceeds from share-based compensation awards and other |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$629.00K | USD | 1 Quarter |
| (Payments) proceeds from share-based compensation awards and other |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$-586.00K | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-9.47M | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-4.60M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$455.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-942.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-13.38M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-21.24M | USD | 1 Quarter |
| Cash and cash equivalents at the beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$76.44M | USD | Point-in-time |
| Cash and cash equivalents at the beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$97.68M | USD | Point-in-time |
| Cash and cash equivalents at the beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.90M | USD | Point-in-time |
| Cash and cash equivalents at the beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$38.28M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$76.44M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$97.68M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.90M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$38.28M | USD | Point-in-time |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$232.00K | USD | 1 Quarter |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$145.00K | USD | 1 Quarter |
| Income taxes, net |
IncomeTaxesPaid
|
$5.62M | USD | 1 Quarter |
| Income taxes, net |
IncomeTaxesPaid
|
$-3.74M | USD | 1 Quarter |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Taxes on deferred losses on cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
$320.00K | USD | 1 Quarter |
| Taxes on deferred losses on cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
$-170.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.63M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$18.88M | USD | 1 Quarter |
| Unrecognized retirement obligations |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostTaxBenefits
|
$-2.31M | USD | 1 Quarter |
| Unrecognized retirement obligations |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostTaxBenefits
|
$-1.86M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-11.96M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$9.45M | USD | 1 Quarter |
| Deferred gains (losses) on cash flow hedges, net of taxes of $(170) and $320, respectively |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$441.00K | USD | 1 Quarter |
| Deferred gains (losses) on cash flow hedges, net of taxes of $(170) and $320, respectively |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$-820.00K | USD | 1 Quarter |
| Unrecognized retirement obligations, net of taxes of $(2,313) and $(1,864), respectively |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostNetOfTax
|
$3.02M | USD | 1 Quarter |
| Unrecognized retirement obligations, net of taxes of $(2,313) and $(1,864), respectively |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostNetOfTax
|
$3.83M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$11.65M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-7.69M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$30.53M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$7.94M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.